Signature Global plans to raise ₹875 crore through debentures
Representative Image NEW DELHI: Realty firm Signature Global plans to raise up to Rs 875 crore through non-convertible debentures on a private placement basis. In a regulatory filing on Wednesday, Signature Global informed that the Board has approved the raising of funds by issuance of secured listed redeemable non-convertible debentures (NCDs) for an amount not exceeding Rs 875 crore on private placement basis, in one or more series/ tranches. The board also approved the notice of postal ballot for seeking shareholders’ approval for the issuance of NCDs, enhancement of borrowing limit, enhancement of limit for the creation of security and…